AENU portfolio companies

Our investments today
define the world of
tomorrow

We back Europe’s most daring founders building category-defining climate and industrial tech.

Portfolio

Investment criteria

Themes

We back disruptive deep tech — hardware, software, and AI-native ventures across the energy transition, industrial decarbonization, and systemic resilience.

Investment

European seed sweet spot, with pre-seed and early Series A selectively. We prefer to co-lead or lead, with board representation. Initial tickets EUR 1-5M, with follow-on up to EUR 10M.

Impact

Climate or social impact must be intentional, measurable, and net positive — interlocked with the business model and capable of reaching meaningful scope relative to the problem being addressed.

Our impact approach

Portfolio at a glance

Portfolio data as of year-end 2025, from our Annual Impact Report.

Energy Transition 43%
Industrial Decarbonization 19%
Carbon Economy 19%
Systemic Resilience 13%
Other 6%

Sector allocation

Portfolio split across impact themes.

1.2M
2022
5.8M
2023
12.6M
2024
21.9M
2025

CO₂e impact

Cumulative tonnes of enabled reductions and removals.

Diverse 48%
All Male 52%

Gender diversity

C-level composition across portfolio companies.

Europe 84%
USA 16%

Geography

By location of company headquarters.

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